Which of the following generally have maturities of one year or less? - 4581

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Which of the following generally have maturities of one year or less?

a.Treasury bills

b.Money market mutual fund

c.Commercial paper

d.Both a and c

e.All of the above

Treasury bills are instruments issued by the government and last for 3 – 6 months. A Commercial paper is an instrument issued by reputable companies that usually lasts less than a year. 

 
Solution Description

Which of the following generally have maturities of one year or less?